The Consumer Financial Protection Bureau is setting its regulatory target next on debt collection in light of technology advances such as text messaging and more. On Tuesday, the bureau issued a notice of proposed rulemaking (NPRM) to implement the Fair Debt Collection Practices Act (FDCPA). CFPB officials said the proposal would provide consumers with “clear protections […] [Read More]

Another professional accolade was recently given to Tom Hudson. The co-founder of Hudson Cook has been accepted as a Fellow of the American Bar Foundation (ABF). The fellows comprise a global honorary society of attorneys, judges, law faculty and legal scholars whose public and private careers have demonstrated outstanding dedication to the highest principles of […] [Read More]

Along with handing out five different awards and generating thousands of dollars for an industry-related charity, the American Recovery Association cheered the success of this year’s North American Repossessors Summit (NARS), sponsored by Harding Brooks Insurance. ARA officials highlighted that the 11th annual event generated “staggering” attendance of more than 600 participants, including recovery and […] [Read More]

A new expansion of online vehicle auction company Copart’s Atlanta East facility in Georgia adds 20 acres to its existing 54 acres of storage capacity. Copart said in a news release that it expanded the site — at 6089 Highway 20 in Loganville, Ga. — to help meet increased demands of its Atlanta metropolitan area customers. […] [Read More]

Guided retailing product provider ActiveEngage is partnering with TradeVue to add TradeUp to its digital retailing services. The companies said TradeUp allows dealers to manage and designate the range communicated to the buyer through person-to-person chat, giving dealerships more control over trade-in profits. The companies describe TradeUp as a versatile trade tool that they say […] [Read More]

In a few special editions of the show, we’re sharing some of the presentations from the recent Auto Remarketing Canada Conference in Toronto. Next up is Andrew Tai of Motoinsight. The full discussion can be found below. Tai will also be among the speakers at this summer's Auto Intel Summit, where he will deliver a keynote […] [Read More]

Used-car sales in April beat year-ago figures by 3.0%, according to estimates from Cox Automotive, which said the pre-owned SAAR climbed to about 39.3 million for the month. That compares to a used-car SAAR of 38.1 million in April 2018 and a 39.0 million used-car SAAR in March, the company said in its Manheim Used […] [Read More]

After making its Wisconsin debut in Milwaukee last year, used car buying and selling e-commerce platform Carvana said on Tuesday it has launched in Green Bay and Appleton, Wisc. “We’re eager to expand in the state, and we’re confident Green Bay and Appleton will enjoy our new way to buy a car,” Carvana founder and […] [Read More]

Participants of a new certification program from automotive industry software company DealerSocket will have the opportunity to become certified on one or all of the company’s products, including CRM with its customer-retention tool RevenueRadar. The program will begin at DealerSocket’s User Summit, which will take place Aug. 21 to 23 in Anaheim, Calif.   For […] [Read More]

Kevin Kindschi called it a “detour from retirement,” to work with credit unions about product that can help them serve members with subprime credit histories. After retiring from CUNA Mutual following a 30-year career, Kindschi recently joined Open Lending as regional vice president of sales in a territory that includes credit unions in California, Arizona […] [Read More]